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Jul 19, 2012
07/12
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we're very new in big markets like florida and texas. we have specialized businesses like i just mentioned, so we believe we're substantially moving market share. we're very happy about that and concerned about where the economy is. >> and what are you most concerned about? >> well, what we're seeing, and what you just talked with donald about and others, is that the economy is slowing pretty, i think p think. people are concerned about the lack of leadership out of washington. job growth is temperatuid, peope concerned, and there is not much new activity going on in the economy. ultimately, even though some companies like ours are experiencing good growth, ultimately that's bad for the country. so we need changes to move the overall economy forward so that, you know, all individuals can benefit as well. >> let me ask you this, earnings estimates have been moving up for your firm certainly for the rest of the year, what kind of 2012 are you expecting? >> we learned a long time ago that things are so volatile it's not good to do that, but
we're very new in big markets like florida and texas. we have specialized businesses like i just mentioned, so we believe we're substantially moving market share. we're very happy about that and concerned about where the economy is. >> and what are you most concerned about? >> well, what we're seeing, and what you just talked with donald about and others, is that the economy is slowing pretty, i think p think. people are concerned about the lack of leadership out of washington. job...
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Jul 25, 2012
07/12
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an investment management group out of texas. i urge people to go to the website and read three independent research papers that don't define what the fed is doing and some of this money throw into banks as a stimulus. >> paul, what's your read as you watch thetivity on the street. >> the markets remain very sensitive to the possibility and prospect that we might have more policy action from the central banks. we agree that coordinated action is a possibility. i also agree that that's not really going to be any kind of a solution. also we have some people talking about the potential of getting a banks license. that has as some positive impact on the markets today. a lot of folks in europe agree with that. >> all right, gentleman, thank you so much. you know the headline he was just mentioning out of europe, come across it about 3:00 in the morning. that pry has more to do that what we're seeing today, the market has been following every move. >> i also think it's partly because the fed telegraphed what they're going to do. and to
an investment management group out of texas. i urge people to go to the website and read three independent research papers that don't define what the fed is doing and some of this money throw into banks as a stimulus. >> paul, what's your read as you watch thetivity on the street. >> the markets remain very sensitive to the possibility and prospect that we might have more policy action from the central banks. we agree that coordinated action is a possibility. i also agree that...
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Jul 16, 2012
07/12
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talking about texas instruments downgraded today. last week amd had a warning. applied materials had warning as well. there is a lot of concern in tech. global growth is slowing. why do you see opportunity where others say run for the doors? >> we spent the week last week in san francisco and there was some concern but i think that you have a secular growth story where you are moving smaller -- have you the 450 millimeter investment into asml by intel. there is positive trends in the area. you have to buy them right and be patient and as a long-term investor that's what we try to do. >> i can't imagine we don't get a st. paul ahead of microsoft. why am you going to upgrade when i know the operating system isn't there yet? that's just very specific to technology. let me get your take on the earnings estimates right now. what needs to come down further. are there groups out there that you can hide in while the market comes down? and -- where the estimates have already come as far as they are going to go. do you think across the board estimates have to keep coming
talking about texas instruments downgraded today. last week amd had a warning. applied materials had warning as well. there is a lot of concern in tech. global growth is slowing. why do you see opportunity where others say run for the doors? >> we spent the week last week in san francisco and there was some concern but i think that you have a secular growth story where you are moving smaller -- have you the 450 millimeter investment into asml by intel. there is positive trends in the...
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Jul 23, 2012
07/12
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after the bell texas instruments is due to report. coming up later this week apple and netflix will report their quarterly earnings on the data front we'll get the latest home front price figures. on thursday facebook takes the spotlight reporting earnings for the first time as a public company and we're expecting further data on u.s. home sales and this is the one to watch durable goods on thursday. friday we'll get the update on the u.s. economy we've been waiting for or dreading. first second quarter gdp estimate. ross these get revised but first estimate of gdp we'll get. futures this morning anticipating a weak stretch. triple-digit decline for the dow implied to open lower by almost 150 points now and for more, president of traders audio.com joins us. ben we're looking at spain's ibex 35 down more than 5%. triple down for the dow. what's the trading session looking like? >> we'll see a continuation of the energy that we have been seeing already, the down side assuming we don't see any major selloff in the dollar. right now we're
after the bell texas instruments is due to report. coming up later this week apple and netflix will report their quarterly earnings on the data front we'll get the latest home front price figures. on thursday facebook takes the spotlight reporting earnings for the first time as a public company and we're expecting further data on u.s. home sales and this is the one to watch durable goods on thursday. friday we'll get the update on the u.s. economy we've been waiting for or dreading. first...
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Jul 24, 2012
07/12
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texas instruments says customers are cautious due to global economic uncertainties. you see it there. shares fall slightly in extended trading. the 2 q results beat the street. they say they're making progress to increase the number. the stock hit an 18-month low last week on worries the weakening chinese economy could hurt it. pfizer's experimental alzheimer's drug failing one of four big trials. it involved patients with mild to moderate forms of disease, it did not improve cognitive and life function. johnson & johnson is partnering with with pfizer on that treatment. they'll continue with three other late trials and you can see it falling on the news. irish drug maker has a long-standing financial interest in the drug and its shares were also hit the hardest. we've also got a bit of deal news. car law group and bcb parngs joining forces in a bid to bayou nighted technologies industrial business. the transaction could be valued at more than $3.5 billion. >> we have earnings just coming out. dupont hitting the wires. the company has earnings slightly better than ex
texas instruments says customers are cautious due to global economic uncertainties. you see it there. shares fall slightly in extended trading. the 2 q results beat the street. they say they're making progress to increase the number. the stock hit an 18-month low last week on worries the weakening chinese economy could hurt it. pfizer's experimental alzheimer's drug failing one of four big trials. it involved patients with mild to moderate forms of disease, it did not improve cognitive and life...
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Jul 8, 2012
07/12
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austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> what time we going to court? >> i would say probably five or ten minutes. hopefully you'll be there. >> ricky pizano has been in and out of the juvenile justice system his entire teen life. and now he is back in lcjc for running away from the treatment facility he was sent to last time he was here. ricky knows he has reached the end of the line. having recently turned 18, juvenile rehabilitation services are no longer an option. the question is, should he be set free, sent to juvenile prison, or waived to the adult justice system? >> i'm 18. i've got goals set for myself. goals that i was trying to achieve while i was out there. this has just put a big pause on it, and i hope the judge sees that and she lets me get out. >> well, when a person turns 18 there's not a lot of choices for us to make to plug them into services. because everyone's
austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> what time we going to court? >> i would say probably five or ten minutes. hopefully you'll be there. >> ricky pizano has been in and out of the juvenile justice system his entire teen life. and now he is back in lcjc for running away from the treatment facility he was sent to last time he was here. ricky knows he...
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Jul 16, 2012
07/12
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texas ranger great to see you. >> great to be back. we need to save the republic, it's at risk. >> a big job. the more you keep coming the worse it keeps getting. you don't get frustrated. >> no, no, i think the period, labor day -- >> at least it's front and center. >> progress has been made in that regard. people are talking about it. i think the period september 1 through the end of next year is going to be the most critical arguably in the history of the country. >> for the republicans. >> from a fiscal standpoint. it's really important we make sure that this presidential election is about substance and solutions. >> like we're seeing with all of the talk on the side right now. >> right now it's about the past, personalities and problems. it needs to be about the future, substance and solutions. it's about the economy, jobs, fiscal responsibility. they're all interconnected. we need to get the economy going in the short term but we need to deal with our structural deficits, with he need to do both in an integrated and coordinated f
texas ranger great to see you. >> great to be back. we need to save the republic, it's at risk. >> a big job. the more you keep coming the worse it keeps getting. you don't get frustrated. >> no, no, i think the period, labor day -- >> at least it's front and center. >> progress has been made in that regard. people are talking about it. i think the period september 1 through the end of next year is going to be the most critical arguably in the history of the...
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Jul 15, 2012
07/12
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a fire breaks out at southwest industrial gases in dallas, texas, on july 25th, 2007. this is no ordinary fire. on the lot are several hundred tanks filled with compressed gas, including oxygen, helium and one of the hottest burning gases of all, acetylene. >> acetylene burns at about 3400 degrees. it's used as far as what the common person knows mostly in welding and cutting. >> local tv news cameras record the blaze as it burns out of control. >> we didn't, of course, realize the scope of what the fire was going to be. >> the fire begins during a delivery of tanks to the refilling station. >> the delivery driver comes running in and says hey, man, i got a leak, i think i broke a valve and i can't shut it off. what do you want me to do? >> employee randy bibb grabs one of the fire extinguishers in case the escaping gas ignites. >> kind of just a green kind of haze floating there, kind of greenish. i grabbed the fire hose and i just start fogging it because you know what's going to happen. it's getting ready to go. >> sure enough, in just a few seconds, it does. >> the
a fire breaks out at southwest industrial gases in dallas, texas, on july 25th, 2007. this is no ordinary fire. on the lot are several hundred tanks filled with compressed gas, including oxygen, helium and one of the hottest burning gases of all, acetylene. >> acetylene burns at about 3400 degrees. it's used as far as what the common person knows mostly in welding and cutting. >> local tv news cameras record the blaze as it burns out of control. >> we didn't, of course,...
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Jul 26, 2012
07/12
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such a broad range of earnings releases lately, at&t citing weakness, mcdonald's, ford motor, eaton, texas instruments and everyone is saying their customers are uncomfortable with europe, and the potential outcomes there. so if there were some sort of resolution it would be very helpful to the world economy to spending. >> are the dividend plays crowded right now? do they feel like they're expensive? >> they don't. i have seen that we've seen some outperformance of specific high yielding sectors like utilities and telecom, but when we look at companies, we look at company by company and they don't seem to, the companies that we look at that have reasonable multiples and high dividend neelds don't seem to have been bid up. >> it feels like there should be a bubble in the companies you're talking about. >> it's like utilities. are utilities a good buy right now, 3.8 or 4% dividend on a lot of these things? is that something? >> you have utilities have been bid up somewhat because people are looking for yield, so if you think that interest rates are going to head back up within the next year
such a broad range of earnings releases lately, at&t citing weakness, mcdonald's, ford motor, eaton, texas instruments and everyone is saying their customers are uncomfortable with europe, and the potential outcomes there. so if there were some sort of resolution it would be very helpful to the world economy to spending. >> are the dividend plays crowded right now? do they feel like they're expensive? >> they don't. i have seen that we've seen some outperformance of specific...
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Jul 18, 2012
07/12
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you when i'm speaking to either fortune 50 ceos, world class investors, small business people in east texas here's what i hear. number one, uncertain federal regulation and certainly harmful federal regulation is crushing jobs. number two, the threatened single largest tax increase in u.s. history. number three, a nation on the road to bankruptcy. and, number four, rhetoric out of this president that vilifies success in the free enterprise system and monetary policy is not going to solve that problem. >> thank you. >> chairman bernanke, first of all i want to thank you for your steadfast commitment to taking action as you deem appropriate. i'm not any different than anybody else. i haven't agreed with everything you've done. but in today's -- today's another day of it where everybody gets to criticize everything you've done for the last ten years. i may take my shot here or there. i just want to say thank you for not giving up. thank you for not withering under this. we still need you and the fed to be actively involved even if there are things you do that i disagree with. i think i'm going
you when i'm speaking to either fortune 50 ceos, world class investors, small business people in east texas here's what i hear. number one, uncertain federal regulation and certainly harmful federal regulation is crushing jobs. number two, the threatened single largest tax increase in u.s. history. number three, a nation on the road to bankruptcy. and, number four, rhetoric out of this president that vilifies success in the free enterprise system and monetary policy is not going to solve that...
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Jul 16, 2012
07/12
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. >>> and the chip sector getting weighed down after texas instruments was downgraded from a market perform. >>> the dow is down 59 points. let's go to chicago, john brady joins us. good morning. >> good morning, simon. >> if there was one thing that people should keep front and center moving through this week, what is it? >> well, simon, the real trade this week will most likely be in two-year treasury yields. if you look on a comparative macro basis, two-year treasury yields in the united states are roughly around 23 basis points. you compare that with other two-year yields, germany at zero, japan at nine basis points. and the argument can be made that two-year treasury yields in the u.s., even at 23.5 basis points are rather attractive. ahead of chairman bernanke's testimony tomorrow, the money market industry is all awash with this idea of maybe the fed cutting on excess reserves. we think the market's got an little bit ahead of itself as the fed doesn't want to destroy the money market industry. however, there is talk that perhaps the fed will get i.o.e.r., similar to what the european
. >>> and the chip sector getting weighed down after texas instruments was downgraded from a market perform. >>> the dow is down 59 points. let's go to chicago, john brady joins us. good morning. >> good morning, simon. >> if there was one thing that people should keep front and center moving through this week, what is it? >> well, simon, the real trade this week will most likely be in two-year treasury yields. if you look on a comparative macro basis,...
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Jul 22, 2012
07/12
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. >> so friday you all are playing the texas stars. >> reporter: this is an interview she did on the ice in her hometown of san antonio, texas. >> she's not two seconds on the ice and sure enough she falls flat on her rear. >> reporter: and she clearly loved a laugh, even when it was on her. twitter was her thing too, last night she persuaded an old buddy to go to the movies and, of course, she tweeted about that under her work name, jessica redfield. she joked about convincing her friend to go, people should never argue with me. and then another tweet from the theater, movie doesn't start for 20 minutes, she wrote. that was the last thing she ever tweeted. it went to her friend, jesse specter. >> i like to think of her as being just so excited to go see the movie. and as excited as she was about doing everything else that she did. >> reporter: jessica's family heard the awful news in the middle of the night. >> started with a phone call, early morning, in san antonio, texas, from my mother, hysterical. >> reporter: jessica's brother jordan is a firefighter in san antonio. >> i could
. >> so friday you all are playing the texas stars. >> reporter: this is an interview she did on the ice in her hometown of san antonio, texas. >> she's not two seconds on the ice and sure enough she falls flat on her rear. >> reporter: and she clearly loved a laugh, even when it was on her. twitter was her thing too, last night she persuaded an old buddy to go to the movies and, of course, she tweeted about that under her work name, jessica redfield. she joked about...
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Jul 15, 2012
07/12
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austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> few jails in america receive as much media coverage as the maricopa county jail in phoenix, arizona. while many stories focus on things like the striped uniform and pink underwear that both male and female inmates are required to wear, we tried to learn more about the inmates themselves. it didn't take long before we noticed rita, who was at maricopa facing 11 charges along with various misdemeanors. >> yeah. only 11. not bad. if you're going to go, you got to go all out. right? i got an f-2, fraudulent schemes. eight f-4, forgeries. i got a dui, dui, drugs. drug paraphernalia, failure to appear and false information to an officer. >> she proclaimed her innocence on all the charges. and none had to do with the loss of her eye, which occurred shortly before her arrest. >> for such a tragic shocking thing as losing an eye, rita had a fairly d
austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> few jails in america receive as much media coverage as the maricopa county jail in phoenix, arizona. while many stories focus on things like the striped uniform and pink underwear that both male and female inmates are required to wear, we tried to learn more about the inmates themselves. it didn't take long before we noticed...
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Jul 15, 2012
07/12
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. >> march 7th, 2010, houston, texas. the annual houston livestock show and rodeo is in full swing. >> it's an all-encompassing entertainment extravaganza that's not for profit. it benefits youth education. >> the event has been going strong for more than 75 years. it's a texas tradition that features lone star staples like great music, down-home cooking, and of course, a top-notch rodeo. >> we're the largest fair event in north america, the largest rodeo in the world. >> scott and denise barrett have been taking their 12-year-old daughter sarah marie to the event for years. on this date, sarah marie is especially excited for the headline music act. >> we went to the rodeo to watch the jonas brothers. i'm a big jonas brothers fan. >> and they're off. >> when the barrettes pull into the parking lot, the rodeo's chuck wagon event is getting under way inside the stadium. >> if you've ever been close to these chuck wagons when they're racing, it's rumbling, there's a lot of noise, the horses are making noise, the rigs are jum
. >> march 7th, 2010, houston, texas. the annual houston livestock show and rodeo is in full swing. >> it's an all-encompassing entertainment extravaganza that's not for profit. it benefits youth education. >> the event has been going strong for more than 75 years. it's a texas tradition that features lone star staples like great music, down-home cooking, and of course, a top-notch rodeo. >> we're the largest fair event in north america, the largest rodeo in the world....
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Jul 8, 2012
07/12
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betty jo hummel is in the driver's seat of the suv ahead sitting in bumper-to-bumper traffic on a busy texas highway. but the driver of the san antonio bus with two disabled passengers on board doesn't seem to notice. he's using his cell phone to send text messages. >> i knew something must have taken his eyes off the road. >> cameras on board the bus catch the driver taking out his cell phone and text messaging for six minutes leading up to the crash. once he looks up, even he knows it's way too late. hummel never saw him coming. hummel's thrown forward. her suv slams into the van in front of her, glass flying in every direction. the bus driver, knowing he's in trouble, pounds the steering wheel in frustration. >> i just started shaking. i mean, i really did. i started shaking. things were flying all over the car. >> the bus driver approaches as a shaken hummel gets out of her car. >> it's the scariest thing ever. i was in tears. >> the driver's fired for violating his employer's policy. though plagued with constant pain and high medical bills, betty jo hummel considers herself lucky to be
betty jo hummel is in the driver's seat of the suv ahead sitting in bumper-to-bumper traffic on a busy texas highway. but the driver of the san antonio bus with two disabled passengers on board doesn't seem to notice. he's using his cell phone to send text messages. >> i knew something must have taken his eyes off the road. >> cameras on board the bus catch the driver taking out his cell phone and text messaging for six minutes leading up to the crash. once he looks up, even he...
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Jul 15, 2012
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austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> the time has arrived for christina ranich to say her good-byes. she is about to leave maricopa for prison where she will begin a 7 1/2-year sentence. >> here, mary. >> thank you. >> i won't forget you. >> i love you. >> all right. >> i just gave all my stuff to my friends here that i consider my friends. and i have to roll up my stuff and clean my bunk and wait for them. i've been waiting for this day for five months. i'm ready to go. >> bye, christina. >> bye. >> bye. >> can i take your dildo? >> she sold it for two items. >> ranich is only permitted to take her legal paperwork and some snacks for the bus ride. >> are you ready? >> yeah. i'm ready. anxious. watch the door. >> i have an extensive criminal history. i'm where i need to be and i don't think i was very good when i was out there. i mean, i could have been better. i know i can be
austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> the time has arrived for christina ranich to say her good-byes. she is about to leave maricopa for prison where she will begin a 7 1/2-year sentence. >> here, mary. >> thank you. >> i won't forget you. >> i love you. >> all right. >> i just gave all my stuff to my friends here that i...
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Jul 21, 2012
07/12
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back. >> the tasing goes viral with a tantalizing headline. >> let's move now to a traffic stop in texas that ended with a tasing, the tasing of a 72-year-old woman, a great grandmother. >> and without the full story, it seems this video will be damaging to the officer. his own dashboard cam catches him yelling at and shoving an elderly woman half his size. but watch the video again. this time listening to more of the conversation. it may change your opinion of the officer's decision. >> around the curve and coming up the hill and you accelerated. >> first the deputy tries on get winkfine to sign her ticket agreeing that she'd show up for court. >> don't take me to jail. a 72-year-old woman. >> and when he asks her to step out of the car, he says she puts both of them in an unsafe position. >> give me the [ bleep ]'ing thing and i'll sign it. >> get over here now! >> give it to me and i'll sign it. >> oh, oh, you're going to shove me. >> the police department is defending his actions saying what he's actually doing is trying to get himself and katherine winkfine away from a notoriously d
back. >> the tasing goes viral with a tantalizing headline. >> let's move now to a traffic stop in texas that ended with a tasing, the tasing of a 72-year-old woman, a great grandmother. >> and without the full story, it seems this video will be damaging to the officer. his own dashboard cam catches him yelling at and shoving an elderly woman half his size. but watch the video again. this time listening to more of the conversation. it may change your opinion of the officer's...
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Jul 16, 2012
07/12
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. ♪ ♪ rocky mountain high ♪ ♪ rocky rocky mountain high ♪ ♪ all my exes live in texas ♪ ♪ born on the bayou ♪ [ female announcer ] the perfect song for everywhere can be downloaded almost anywhere. ♪ i'm back, back in the new york groove ♪ [ male announcer ] the nation's largest 4g network. covering 2,000 more 4g cities and towns than verizon. rethink possible. last season was the gulf's best tourism season in years. in florida we had more suntans... in alabama we had more beautiful blooms... in mississippi we had more good times... in louisiana we had more fun on the water. last season we broke all kinds of records on the gulf. this year we are out to do even better... and now is a great time to start. our beatches are even more relaxing... the fishing's great. so pick your favorite spot on the gulf... and come on down. brought to you by bp and all of us who call the gulf home. i'm a marathon r un ner, in absolute perfect physical condition and i had a heart attack right out of the clear blue... he was just... "get me an aspirin"... yeah... i knew that i was doing the right thi
. ♪ ♪ rocky mountain high ♪ ♪ rocky rocky mountain high ♪ ♪ all my exes live in texas ♪ ♪ born on the bayou ♪ [ female announcer ] the perfect song for everywhere can be downloaded almost anywhere. ♪ i'm back, back in the new york groove ♪ [ male announcer ] the nation's largest 4g network. covering 2,000 more 4g cities and towns than verizon. rethink possible. last season was the gulf's best tourism season in years. in florida we had more suntans... in alabama we had more...
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Jul 14, 2012
07/12
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. ♪ ♪ >>> a harrowing scene at an air show in southern texas when a stunt plane struggles to stay airborne in front of thousands of spectators. >> we've been doing air fiesta here in brownsville since 1991. and we have never had an incident of this nature before. >> he's going to crash. >> on march 12th, 2011, crowds gather at the brownsville south padre airport for the high-flying event. >> it's a fair-type atmosphere. there's music and there's people talking and there's just all sorts of sound and activity going on. >> the day's featured attraction is the pirated skies act performed by the husband and wife team of kyle and amanda franklin. >> they're two of the finest air show performers in the country. >> as the franklins begin their routine, crowds are amazed by kyle's skillful piloting and amanda's daring wing walking. >> there aren't that many wing walkers in the air show business. it's a really thrilling thing to see. >> the routine is going exactly as they rehearse it. amanda's jaw-dropping stunts and kyle's aerial acrobatics wow the crowd. >> kyle franklin is one of the finest aer
. ♪ ♪ >>> a harrowing scene at an air show in southern texas when a stunt plane struggles to stay airborne in front of thousands of spectators. >> we've been doing air fiesta here in brownsville since 1991. and we have never had an incident of this nature before. >> he's going to crash. >> on march 12th, 2011, crowds gather at the brownsville south padre airport for the high-flying event. >> it's a fair-type atmosphere. there's music and there's people...
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Jul 22, 2012
07/12
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one of your colleagues, congressman gohmert from texas, saying on friday the following. it makes me wonder with all these people in the theater was there nobody that was carrying? meaning carrying a gun. that could have stopped this guy more quickly. so he's on the opposite spectrum of where you're coming from which is to limit access to firearms. >> but david, that argument goes back even to 1993 when the nra basically said that someone else had been on the train, so many people wouldn't have been killed. believe me, i've talked to an awful lot of police officers, commissioners of police, they say it's the worst scenario you can possibly think of. can you imagine in that theater, smoke, it's dark and everybody starts shooting? i think the massacre would have been a lot worse. >> but secretary chertoff, the governor made an interesting point. this is a democrat, former democratic mayor of denver. he, like colleagues like mayor bloomberg may believe in greater gun control laws, but he also references the fact that everything was purchased legally here and we live in an ag
one of your colleagues, congressman gohmert from texas, saying on friday the following. it makes me wonder with all these people in the theater was there nobody that was carrying? meaning carrying a gun. that could have stopped this guy more quickly. so he's on the opposite spectrum of where you're coming from which is to limit access to firearms. >> but david, that argument goes back even to 1993 when the nra basically said that someone else had been on the train, so many people wouldn't...
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Jul 13, 2012
07/12
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before we get there, down along the texas coast, along wit louiana,he bumonreao po arur, flalood rnin. weeopl traedn tir home theye hathunrss siing er t topfhemor theast ree hours, and it's just not moving. the west coast actually dealing with a little bit of rain ts morning, too. we don't get a lot of th, bu omhoen totuon, nth roli had rai eartoda weave ternn thdersrms the soheas now t me tak you to yr weekd focast tice, it's pretty warm everywhere. typical for the middle of summer. i don't think there's going to be too many washouts. mostf thstor wilbe i and t inalfn hour it not gng to cnge af ur bchr leplan sa goe f ndaylthoh cou seeome tho stngertormarou nework ty onday notice we're not seein extreme temperatures out there. no tornadoes in the forecast, either, so it looks like a pretty nice summer weekend. we lea you withhot on areahat doe'tsual see a lot ra. ere som shors i t cini. th mak f a ssy, mes rning commute. you're watching "morning joe" brewed by starbuck's. ♪ acotic itarupbe ] [ do] we fnd itogeer. on wal wal wal ve twalk yeah, we found that wonderful thing. and you
before we get there, down along the texas coast, along wit louiana,he bumonreao po arur, flalood rnin. weeopl traedn tir home theye hathunrss siing er t topfhemor theast ree hours, and it's just not moving. the west coast actually dealing with a little bit of rain ts morning, too. we don't get a lot of th, bu omhoen totuon, nth roli had rai eartoda weave ternn thdersrms the soheas now t me tak you to yr weekd focast tice, it's pretty warm everywhere. typical for the middle of summer. i don't...
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austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> the secretary of state hillary clinton is headed to egypt for talks with that country's new leadership. she'll also be in israel this weekend. lisa sylvester's monitoring that, some of the other top stories in "the situation room" right now. what's going on, lisa? >> wolf, secretary of state clinton's visit to cairo will be highlighted by a meeting with egypt's new islamist president, mohamed morsi took over last month. aides say the visit is designed to show that the government wants to support egypt. federal authorities are classifying more than 1,000 counties as natural disaster areas as what some are calling the worst drought in a quarter of a century spreads across the united states. drought conditions extend from oregon to south carolina and are now being reported in more than 60% of the land that makes up the lower 48 states. and che
austin, texas... we are all here to represent the country we love this is for everyone back home it's go time. across america, we're all committed to team usa. >>> the secretary of state hillary clinton is headed to egypt for talks with that country's new leadership. she'll also be in israel this weekend. lisa sylvester's monitoring that, some of the other top stories in "the situation room" right now. what's going on, lisa? >> wolf, secretary of state clinton's visit...